The 21 million rule: scarcity that actually means something
There will only ever be 21 million Bitcoin. Not 21 million this year. Not approximately 21 million. Exactly 21 million. Forever. No emergency “money printing.” No quantitative easing. No central banker deciding the supply needs to increase “to stimulate the economy.” Compare that to your dollars. In 2020, the Federal Reserve created more dollars in […]
Why your bank account is basically a permission slip
Ever tried to make a “suspicious” transaction? Your bank freezes your account. You call customer service. They ask questions. You explain yourself. They might unfreeze it. You’re literally asking permission to use your own money. Think about that for a second. The money you earned, sitting in “your” account, and you need approval to access […]
Peer-to-peer or bust
What if I told you that most of your “digital” transactions aren’t actually digital at all? They’re just messages between middlemen. When you Venmo your friend $20, you’re not sending them $20. You’re sending Venmo a message asking them to decrease your balance by $20 and increase your friend’s balance by $20. Then Venmo sends […]
Hard money for hard times
When everything falls apart, what holds value? Not promises. Not paper. Not government guarantees. Ask someone who lived through the Weimar Republic, Zimbabwe’s hyperinflation, or Venezuela’s collapse. When currency becomes worthless, people don’t reach for more government money. They reach for anything real. Gold. Silver. Food. Cigarettes. Anything with inherent properties that can’t be inflated […]
The separation of money and state
We’ve separated church and state. Time to separate money and state. Think about why we separated church and state in the first place. When religious institutions controlled government, they abused that power. They taxed people to build cathedrals. They declared wars in God’s name. They enriched themselves while claiming divine authority. The solution wasn’t reforming […]